Investors considering a purchase of Solarcity Corp. (SCTY) stock, but tentative about paying the going market price of $64.25/share, might benefit from considering selling puts among the alternative strategies at their disposal. One interesting put contract in particular, is the January 2016 put at the $35 strike, which has a bid at the time of this writing of $5.10. Collecting that bid as the premium represents a 14.6% return against the $35 commitment, or a 8.1% annualized rate of return (at Stock Options Channel we call this the YieldBoost).
Commit To Purchase Solarcity At $35, Earn 14.6% Using Options
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